HSBC BonusPlus Account offers maximum interest of 3.5%

HSBC Bank Malta plc launched a new deposit account, the HSBC BonusPlus Account, offering attractive interest rates on accounts opened for a two- and three-year period.

The HSBC BonusPlus Account gives customers the flexibility of having interest paid monthly, quarterly, annually or on maturity. The interest rate varies according to the payment frequency chosen. Interest is credited to a savings or current account, and the rates are guaranteed for the term of the deposit.

The minimum balance required for the BonusPlus Account is €10,000. Interest chosen to be paid monthly will yield two per cent per annum; quarterly 2.25 per cent; yearly 2.75 per cent; on maturity of the second year 3.25 per cent; and 3.5 per cent on maturity of the third year. Taxable and non-taxable options are also available.

"During these uncertain times, customers are looking for options which are safe and yield a realistic return on their savings," said Godfrey Swain, head of personal financial services at HSBC Malta. "HSBC, with its reputation for strength and solidity across the world, is uniquely positioned to offer accounts like the BonusPlus with attractive guaranteed interest rates for the full term of the deposit."

More information on the BonusPlus Account may be obtained from the Customer Service on 2380 2380 or www.hsbc.com.mt.